what are trade barrier
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A barrier to trade is a government-imposed restraint on the flow of international goods or services. ... The most common barrier to trade is a tariff–a tax on imports. Tariffs raise the price of imported goods relative to domestic goods
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Ꭺղsω૯я :
❅ Trade barriers are government-induced restrictions on international trade. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency; this can be explained by the theory of comparative advantage.
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